CNBC Squawk Box Europe interview with Egon von Greyerz

Obviously the founder of goldswitzerland.com would have a bullish price target, but he's on the right track. If you think what we've seen so far is a "gold bubble", my response is that you haven't seen anything yet. What's coming will be not only be shock and awe but also take as few investors, traders, and gold bugs long for the ride as possible.

The “real move” in gold is to come, predicted Egon von Gruyerz, founder of GoldSwitzerland.com, Monday. He sees the inflation-adjusted price of gold rising to $7,000 an ounce in the future on inflation and tells CNBC it could go higher if the world encounters hyperinflation. “Gold is at this point not a bubble,” he added.

Source: matterhornassetmanagement.com